A slight increase in the max contribututions for TSP

[tom4jean]

I find it interesting they said in the article they raised the max on our own contributions into the TSP to keep up with "inflation" meanwhile they debate the budget on making us pay more into FERS and they haven't raised my federal wage nearly enough to keep up with inflation, we are still behind from 2008! Shouldn't the same apply to our wages?

2018 Thrift Savings Plan Contribution Limits Announced by IRS

 

[Cactus]

As to our wages, congress thinks we make too much as it is now. We have been their favorite target to bleed dry for a long time now, so don't expect that to change any time soon.

 

[maui21ice]

Yeah the many talks of hoping for a 7-11% catch-up raise from the last decade have all diminished where I work. I'll keep slight aspirations alive for the annual 1% jump, but know that nothing good is set in stone anymore.

 

[maui21ice]

Re: Contribution Limits Increased for 2018

I'm still far from maxxing out my yearly TSP contributions as a 31 year old, but this is a nice bump for those who can. *Thumbs Up*

 

[Cactus]

Here is what they think of are existing pay and benefits: https://www.fedsmith.com/2017/10/24/federal-employee-pay-freeze-2019/